Bought with NON MEMBER • Non Subscribing Office
$505,000
$590,000
14.4%For more information regarding the value of a property, please contact us for a free consultation.
1,777 SqFt
SOLD DATE : 07/02/2025
Key Details
Sold Price $505,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,777 sqft
Price per Sqft $284
MLS Listing ID NJCM2004120
Sold Date 07/02/25
Style Cape Cod
Abv Grd Liv Area 1,777
Year Built 1905
Available Date 2024-10-03
Annual Tax Amount $5,131
Tax Year 2022
Lot Size 3,000 Sqft
Acres 0.07
Lot Dimensions 30.00 x 100.00
Property Sub-Type Detached
Source BRIGHT
Property Description
Just a couple of blocks from the beach and boardwalk, this property features three units. The first unit has 3 bedrooms and 1 bathroom, currently rented month-to-month for $1,650. The second unit offers 2 bedrooms and 1 bathroom, also on a month-to-month lease for $975. The third unit, with 2 bedrooms and 1 bathroom, is rented for $1,250, with the lease ending on December 31. The property includes a nice-sized shared backyard, as well as a shared washer and dryer. Current rents are below market value, and the tenants wish to remain. There are two electric meters: Apartments 1 and 2 share a meter and split the electric bill, while Apartment 3 has its own separate meter. It is being sold AS IS in its current condition.
Location
State NJ
County Cape May
Area Wildwood City (20514)
Zoning R-1
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Window Unit(s)
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Block
Sewer Public Septic
Water Public
Architectural Style Cape Cod
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Wildwood City Schools
Others
Tax ID 14-00223-00025
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Find out why customers are choosing LPT Realty to meet their real estate needs